R2001, Ontario Tower
Sold prices and rental history: sold twice, last in July 2020, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for R2001, Ontario Tower
What is R2001 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 5 October 2025.
Key facts
- Type
- Studio apartment
- Size
- 402 sqft
- Floor
- 20th of 25
- Parking
- B1-142
- Developer
- Rose Homes Investment
- Completed
- 2010
- Service charge
- AED 7,200 /yr
- Last sold
- AED 390K · July 2020
- Building
- Ontario Tower
About R2001, Ontario Tower
R2001 is a studio of 402 sqft on the 20th floor of Ontario Tower, a 25-storey tower in Business Bay completed in 2010 by Rose Homes Investment. It last sold on 19 July 2020 for AED 390,000, or AED 970 per sqft.
It has been rented continuously since 2014 on 10 Ejari contracts. The current contract, renewed on 5 October 2025, is AED 58,750 a year: a gross yield of 15.1% on the 2020 price, before the service charge of about AED 7,200 a year.
Sales and rents for R2001 over time
R2001 has sold twice; the dashed line is the studio median of each year in the building.
Annual rent on each registered contract; the dashed line is the studio median of each year in the building.
Studios in Ontario Tower, and where R2001 sits
All 22 studios →Over the last 12 months studios sold for AED 740,000, around AED 1,840 per sqft, and rent for AED 66,150 to 78,000 a year.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 8 Jan 20268 January 2026 | 402 sqft | 740,000 | 1,840 | ||
| 15 May 202415 May 2024 | 402 sqft | 635,000 | 1,579 | ||
| 14 Mar 202414 March 2024 | 201 sqft | 255,000 | 1,266 | ||
| 1 Mar 20241 March 2024 | 402 sqft | 500,000 | 1,243 |
Ontario Tower
Building175 apartments, studios to 2-bed over 25 floors in Business Bay, completed in 2010 by Rose Homes Investment. 12 sold in the last 12 months.
- Typical price per sqft
- AED 1,332 Up 11.2%
- Typical sale
- AED 1.09M
- Typical rent
- AED 80K /yr
- Typical yield
- 7.4%
Other units on the 20th floor
All 175 units in Ontario Tower| ValueToday's value | |||||
|---|---|---|---|---|---|
| R2002 | 2-bed | 982 sqft | AED 850KAED 850,000 · Nov 2019November 2019 | 117,500 /yr | |
| R2003 | 1-bed | 803 sqft | AED 900KAED 900,000 · Sep 2024September 2024 | 75,000 /yr | |
| R2004 | 1-bed | 802 sqft | AED 900KAED 900,000 · Jul 2024July 2024 | 85,000 /yr | |
| R2005 | 1-bed | 802 sqft | AED 765KAED 765,000 · Mar 2023March 2023 | 40,000 /yr | |
| R2006 | 1-bed | 791 sqft | AED 800KAED 800,000 · Sep 2024September 2024 | 73,500 /yr | |
| R2007 | 2-bed | 982 sqft | AED 1.52MAED 1,519,924 · Feb 2026February 2026 | 120,000 /yr |
R2001, Ontario Tower in numbers
- Sold twice: first on 26 April 2011 for AED 557,037, last on 19 July 2020 for AED 390,000 (AED 970 per sqft).
- Rented since April 2014 on 10 Ejari contracts. The rent fell from AED 50,000 to AED 38,000 in 2020 and recovered to AED 58,750 by October 2025.
- At AED 58,750 a year the gross yield on the 2020 price is 15.1%, before a service charge of about AED 7,200 a year (AED 17.81 per sqft).
- Studios in Ontario Tower sold for AED 740,000–740,000 in the 12 months to November 2026; the building's median across all types is AED 1,332 per sqft.
Source: YallaValue analysis of Dubai Land Department records. Updated 5 October 2025.
Questions about R2001, Ontario Tower
What did unit R2001 last sell for?
AED 390,000 on 19 July 2020: AED 970 per sqft for 402 sqft. The unit has 2 registered sales; the first was AED 557,037 in April 2011.
What is the rent for unit R2001?
AED 58,750 a year on the contract renewed on 5 October 2025. The previous contract, from October 2024, was AED 60,000; the unit has been rented since April 2014.
How big is unit R2001?
402 sqft (37.3 sqm): a studio on the 20th floor of a 25-storey tower completed in 2010.
What is unit R2001 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Ontario Tower sold for AED 740,000 to 740,000 in the last 12 months, around AED 1,840 per sqft.
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Mortgage on R2001, Ontario Tower
Starts from the last sale price (AED 390K, 19 July 2020). Switch to today's estimate once you have unlocked it.- Price
- AED 390,000
- Deposit, UAE resident (20%)
- AED 78,000
- Deposit, non-resident (40%)
- AED 156,000
- Monthly over 25 years at 3.7%
- AED 1,596
Plus AED 19,290 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →